Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Saudi Arabia - 2022
Contents:
- Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Saudi Arabia (FOB) - 2022
- Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Saudi Arabia
Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Saudi Arabia (FOB) - 2022
In 2021, the average export price for monophenols; phenol (hydroxybenzene) and its saltses amounted to $1,062 per ton, picking up by 32% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The export price peaked at $1,714 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($1,228 per ton), while the average price for exports to India ($509 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.1%), while the prices for the other major destinations experienced a decline.
Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Saudi Arabia
In 2022, the amount of monophenols; phenol (hydroxybenzene) and its saltses exported from Saudi Arabia dropped dramatically to 223K tons, waning by -64.7% compared with the year before. In general, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of 633K tons, and then dropped sharply in the following year.
In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses contracted notably to $303M in 2022. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 120% against the previous year. As a result, the exports attained the peak of $672M, and then dropped significantly in the following year.
| Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| China | 231 | 130 | 257 | 5.5% |
| Netherlands | 16.6 | 14.8 | 25.4 | 23.7% |
| Belgium | N/A | N/A | 19.6 | 0% |
| India | 2.1 | N/A | 14.8 | 165.5% |
| Others | 272 | 161 | 355 | 14.2% |
| Total | 522 | 306 | 672 | 13.5% |
Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Saudi Arabia in 2022:
- China (230.0K tons)
- India (29.0K tons)
- Netherlands (23.7K tons)
- Belgium (15.9K tons)
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